This book is an educational book and falls under category of business management/ business strategy type . The intended audience for this book can be person working in any organization in any field who wish to learn about procurement function, a business owner who wish to understand and control procurement function of his organization or a student who wish to start a career in procurement for whom this book can lay strong basic foundation .This book is about the complete Procurement Cycle (Purchasing Cycle) and the sourcing strategies which are used globally by any organization whether profit or non profit type. Procurement is considered as one of the key strategic functions in all organizations around the globe and this book helps explore the methodology, techniques and strategies used by procurement professionals like Buyers, purchase executives, procurement managers and others with similar job profile This book also comprehensively explains about the Commercial Negotiation which forms a key tool of a procurement function. This book has 4 chapters : Pre-purchasing activities, Purchasing Activities, Post Purchasing activities and Commercial Negotiation and supplier relationships thus covering A-Z of the Procurement cycle. The book also includes Seven Real Life Case Studies which shall help readers co-relate the concept with practical situations
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